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flag Blackstone-backed gem institute IGI plans December 13 IPO, aiming to raise Rs 4,225 crore.

flag Blackstone-backed International Gemmological Institute (IGI) plans to launch its IPO on December 13, aiming to raise Rs 4,225 crore. flag The price band is set at Rs 397-417 per share, with proceeds to be used for acquiring the IGI Belgium and Netherlands Groups and general corporate purposes. flag The IPO includes a fresh issue of Rs 1,475 crore and an Offer for Sale of Rs 2,750 crore by the promoter. flag Shares will be listed on BSE and NSE on December 20.

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